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For the digital payments arm of ecommerce huge Amazon, overall costs was up to Rs 3,060 crore in FY25 from Rs 3,280 crore in the previous fiscal year. Staff member advantages fell partially to Rs 213 crore in FY25 from Rs 216 crore.
Amazon Pay(India), the digital payments arm of ecommerce huge Amazon, has actually reported nearly a 9 % drop in its standalone earnings from operations to Rs 2,096 crore in 2025. Its losses have actually narrowed a little to Rs 865 crore from Rs 911 crore.
Overall expenditures of the Bengaluru-based company was up to Rs 3,060 crore in FY25, compared to Rs 3,280 crore in the previous fiscal year. Its worker advantages decreased partially to Rs 213 crore in FY25 from Rs 216 crore.
ET reported that Amazon has actually instilled Rs 350 crore into the business in April this year, as it prepares to broaden its existence in the Indian payments area.
Amazon Pay’s significant rivals in the digital payments area are Google Pay and PhonePe, which control the marketplace. It completes in numerous services, consisting of expense payments, Unified Payments Interface (UPI) deals, wealth management, ticket reservation, and insurance coverage premium payments. In August, the payment company reported an overall of 98 million UPI deals and settled around Rs 10,830 crore.
The fintech arm has actually partnered with the similarity BookMyShow, MakeMyTrip, RedBus, IRCTC, and Kuvera for services such as film and travel ticketing and wealth management.
The business got its payment aggregator (PA) license from the regulator Reserve Bank of India (RBI) in February 2024. The PA license followed the business’s earlier approval for a pre-paid payment instrument (PPI) or wallet license.